Lucas Jackson/Reuters
- US stocks fell on Thursday after weekly jobless claims unexpectedly climbed to a four-week high.
- Initial filings for unemployment insurance rose to 861,000 last week, handily surpassing the economist estimate of 773,000.
- Bitcoin wavered around $52,000 after touching a record-high of $52,621.84 late Wednesday afternoon.
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US equities closed modestly lower on Thursday after an unexpected increase in weekly jobless claims prompted concerns the labor market’s recovery hit a new snag.
The number of Americans filing for unemployment benefits totaled an unadjusted 861,000 last week, the Labor Department said Thursday morning. The reading lands handily above the 773,000 claims expected by…
